Corporations Amendment (No. 1) Act 2010 (131 of 2010)

Schedule 1   Amendments

Australian Securities and Investments Commission Act 2001

1   Subsection 35(1)

Repeal the subsection, substitute:

(1) Where a member or staff member has reasonable grounds to suspect that there are, or may be within the next 3 days, on particular premises in Australia, books whose production could be required under this Division, he or she may:

(a) lay before a magistrate an information on oath or affirmation setting out those grounds; and

(b) apply for the issue of a warrant to search the premises for those books.

Note: The heading to section 35 is altered by omitting " not produced ".